Issue: Under Wisconsin law, may a borrower release its guarantor from its obligation to the lender?
| Area of Law: | Banking & Finance Law |
| Keywords: | Guarantor; Bank; Release |
| Jurisdiction: | Wisconsin |
| Cited Cases: | 270 Wis. 386 |
| Cited Statutes: | None |
| Date: | 03/01/2015 |
A person other than the bank itself cannot release guarantor from guaranty made to bank. Home Sav. Bank v. Gertenbach, 270 Wis. 386, 396 (1955).
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